The eye-watering sums behind Declan Rice’s record transfer to Arsenal
Declan Rice has become the most expensive British footballer in history with his long-awaited transfer from West Ham to Arsenal finally being completed. Rice was dropped from Chelsea’s academy aged 14 but he was picked up by West Ham where his determination and dedication shone through. He made his senior debut for the Hammers aged 18 before establishing himself as a key player in the team. After the retirement of Mark Noble last year, Rice was his natural successor as club captain, and finished his West Ham career lifting the club’s first piece of silverware since the 1980 FA Cup when they won the 2022/23 Europa Conference League. Now, after years of speculation, the energetic midfielder – who is a cornerstone of Gareth Southgate’s England team which reached the European Championship final in 2021 and World Cup quarter-finals last year – will make the step up to a club playing Champions League football when he joins Mikel Arteta’s Gunners. Here is a closer look at the eye-watering numbers involved. A record sum Arsenal are paying £105m for Rice to make the five-mile switch from the London Stadium to the Emirates Stadium, surpassing the £100m Manchester City paid Aston Villa for their captain Jack Grealish and setting a new record for a British player. And it will be narrowly short of the most expensive signing by a Premier League team, after Chelsea paid £105.6m for Argentina’s World Cup winner Enzo Fernandez in January. City played their part here, though: they fought for Rice’s signature and the ensuing bidding war forced Arsenal to come up with a huge, unrejectable offer. Clearly Arteta had made Rice his top priority to lead another title challenge this season, and after falling short to Pep Guardiola’s City in the league, he wasn’t going to be beaten in the transfer market too. That £105m fee is an initial £100m with a further £5m of potential add-ons, depending on Arsenal’s success during Rice’s stay at the club. A giant pay rise Rice will be getting a chunky bump in salary too. He was paid only £60,000 per week at West Ham, a generous annual salary for most but a small paycheque compared to many of his England peers, like Tottenham’s Harry Kane (£200,000 per week), Manchester United’s Marcus Rashford (£200,000), Chelsea’s Raheem Sterling (£350,000) and Grealish (£300,000). Rice turned down a new contract reportedly worth around £100,000 per week to stay at West Ham and is now set to earn £250,000 per week at Arsenal. That will see him vastly increase his annual salary from around £3m to £13m, and that is before endorsements and other earnings. He will be Arsenal’s second-highest earner behind only Brazilian forward Gabriel Jesus (£265,000). Hourly rate Rice’s new £250,000-a-week salary works out at £36,000 per day, and £1,488 per hour. That’s not just during the working day but every hour round the clock, even when he’s asleep. And presumably, he sleeps well. Top earners For all Rice’s riches, he remains some way short of the best-paid Premier League stars. Manchester United’s Casemiro earns £350,000 per week, and even he is eclipsed by Manchester City’s star duo, Erling Haaland (£375,000) and top dog Kevin De Bruyne (£400,000). And yet De Bruyne seems thoroughly mistreated when you compare his pay packet to the three global superstars taking home far more. Kylian Mbappe is paid £1.6m per week by Paris Saint-Germain, while Cristiano Ronaldo and Lionel Messi both take home around £3.5m each week, at Inter Miami and Al-Nassr respectively. Rice has some catching up to do. Read More Declan Rice signs for Arsenal in record £105m transfer deal How Declan Rice’s move to Arsenal compares with other big-money transfers Kai Havertz, Declan Rice and Jurrien Timber – this is Mikel Arteta’s Arsenal now How Declan Rice’s move to Arsenal compares with other big-money transfers Declan Rice confirms ‘tough’ West Ham departure with Arsenal move imminent Declan Rice leaves West Ham for record fee with Arsenal move imminent
2023-07-15 20:36
Mikel Arteta reacts to Declan Rice's move to Arsenal
Mikel Arteta has given his thoughts on Declan Rice's move to Arsenal.
2023-07-15 20:30
Arsenal confirm signing of Declan Rice
Declan Rice has completed his transfer from West Ham to Arsenal in a British record £105million deal. The England midfielder’s departure from the club he joined a decade ago was confirmed by the Hammers on Saturday afternoon, with Arsenal announcing the switch had been completed. Rice’s move to the Emirates Stadium on a long-term contract sees him become the most expensive English player in history and follows on from the former Irons captain having guided his old club to victory in the Europa Conference League final against Fiorentina. Earlier on Saturday, Rice had penned an open letter to West Ham fans, revealing the desire of playing in the Champions League – which Arsenal will next season – was one of the reasons behind his “tough” decision to leave. West Ham’s joint-chairman David Sullivan confirmed last month the east London club had a gentleman’s agreement with Rice to allow him to leave this summer after the player turned down the offer of a highly-lucrative new contract. Rice made 245 appearances for the Irons, with his last helping secure a first trophy since 1980. “This club and its supporters will always be in my heart and forever a part of who I am,” Rice said. “Ultimately, though, it has only ever been about my ambition to play at the very highest level of the game. “Playing on the opposite team to West Ham for the first time will be an unusual experience. “I’m not sure yet exactly how I will feel, but I also know you will all understand and respect that my professional loyalties have to now lie with my new club.” Rice is the latest addition to an Arsenal squad which has already been strengthened over the summer, with the arrival of Netherlands defender Jurrien Timber having been confirmed on Friday. German international Kai Havertz has moved from Chelsea, while the Gunners have also seen France defender William Saliba and Reiss Nelson commit their futures to the club on new long-term contracts. With Granit Xhaka having left to join Bayer Leverkusen, the arrival of Rice will further bolster Mikel Areta’s midfield options as Arsenal look to close the gap on Manchester City after finishing runners-up in the Premier League last season. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live Proud Alex Fitzpatrick has no issue being billed as brother of major-winner Matt How Declan Rice’s move to Arsenal compares with other big-money transfers Carlos Alcaraz: Wimbledon final against Djokovic will be best moment of my life
2023-07-15 20:29
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